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Snap-on Inc — Director's Dealing 2025
Feb 18, 2025
30335_dirs_2025-02-18_cd24f764-a01d-4658-96a7-ef29b4dc21c4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2025-02-13
Reporting Person: Bauerschmidt Mary Ellen (SVP - Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-13 | Common Stock | M | 1034 | — | Acquired | 5569.6374 | Direct |
| 2025-02-13 | Common Stock | F | 494 | $339.73 | Disposed | 5075.6374 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-13 | Performance Units | $ | A | 75 | Acquired | Common Stock (75) | Direct | |
| 2025-02-13 | Performance Units | $ | M | 1034 | Disposed | Common Stock (1034) | Direct | |
| 2025-02-13 | Stock Option (Right to Buy) | $339.73 | A | 1984 | Acquired | 2035-02-13 | Common Stock (1984) | Direct |
| 2025-02-13 | Restricted Stock Units | $ | A | 464 | Acquired | 2028-02-13 | Common Stock (464) | Direct |
| 2025-02-13 | Performance Units | $ | A | 928 | Acquired | Common Stock (928) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $155.34 | 2030-02-13 | Common Stock (2000) | 2000 | Direct |
| Stock Option (Right to Buy) | $189.89 | 2031-02-11 | Common Stock (2400) | 2400 | Direct |
| Stock Option (Right to Buy) | $211.67 | 2032-02-10 | Common Stock (2805) | 2805 | Direct |
| Stock Option (Right to Buy) | $249.26 | 2033-02-09 | Common Stock (2066) | 2066 | Direct |
| Stock Option (Right to Buy) | $269.00 | 2034-02-15 | Common Stock (2259) | 2259 | Direct |
| Restricted Stock Units | $ | 2026-02-09 | Common Stock (472) | 472 | Direct |
| Restricted Stock Units | $ | 2027-02-15 | Common Stock (487) | 487 | Direct |
| Performance Units | $ | Common Stock (943) | 943 | Direct | |
| Performance Units | $ | Common Stock (975) | 975 | Direct | |
| Deferred Stock Units | $ | Common Stock (2085.6036) | 2085.6036 | Direct |
Footnotes
F1: Based on Company performance during the 2022-2024 period, 107.8% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits).
F2: Shares were withheld to cover tax withholding upon the vesting of performance units.
F3: 1 for 1.
F4: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
F5: The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.
F6: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.
F7: If the Company achieves certain goals over the 2025-2027 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F8: Option fully vested.
F9: The restricted stock units reported above vested on the date indicated based on continued employment of the reporting person throughout the three-year restricted period.
F10: If the Company achieves certain goals over the 2023-2025 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F11: If the Company achieves certain goals over the 2024-2026 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
F12: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.